Sabre Insurance Group (LON:SBRE) Stock: Insider Geoffrey Richard Carter Purchases 112 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 112 shares of Sabre Insurance Group stock in a transaction that occurred on Tuesday, November 10th. The stock was purchased at an average price of GBX 179 per share, with a total value of £200.48.

Geoffrey Richard Carter also recently made the following trade(s):

• On Monday, October 12th, Geoffrey Richard Carter purchased 112 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 177 per share, with a total value of £198.24.
• On Thursday, September 17th, Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock. The stock was sold at an average price of GBX 176, for a total value of £16,420.80.
• On Thursday, September 10th, Geoffrey Richard Carter acquired 120 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 168 per share, with a total value of £201.60.

Sabre Insurance Group Stock Up 0.8%

LON SBRE traded up GBX 1.40 during trading hours on Wednesday, hitting GBX 181.40. The company’s stock had a trading volume of 49,129 shares, compared to its average volume of 1,252,218. The stock has a fifty day moving average of GBX 173.32 and a 200 day moving average of GBX 161.95. The firm has a market capitalization of £437.97 million, a P/E ratio of 12.15, a PEG ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a twelve month low of GBX 123 and a twelve month high of GBX 188.80.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SBRE. Berenberg Bank reiterated a “buy” rating and issued a GBX 205 price objective on shares of Sabre Insurance Group in a report on Tuesday, October 20th. Peel Hunt reissued an “add” rating and set a GBX 200 price target on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 172 target price on shares of Sabre Insurance Group in a research report on Wednesday, October 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 180 price target on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Sabre Insurance Group has an average rating of “Moderate Buy” and a consensus target price of GBX 189.25.

About Sabre Insurance Group

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.